The Prime Minister Nguyen Xuan Phuc has praised the Ministry of Industry and Trade for removing hundreds of requirements and permits for businesses.

Ministry of Industry and Trade praised for achievements in administrative reform

The Ministry of Industry and Trade is the first state agency that has begun to review and remove unnecessary procedures. It has removed 675 out of 1,200 business requirements. The Ministry of Agriculture and Rural Development is in the second place after cutting or revising 118 requirements.

The Ministry of Industry and Trade has submitted the revised draft laws on investment and enterprises in which it proposed to remove unnecessary and unsuitable requirements in 20 businesses.

Phan Duc Hieu, deputy director the Ministry of Planning and Investment's Central Institute for Economic Management, said, "I've never seen such positive results from state agencies. I have high regards for the Ministry of Industry and Trade because they acted before being given a quota."

Prime Minister Nguyen Xuan Phuc has been urging agencies to scrap unnecessary procedures many times in order to create a more favourable environment for businesses. He also questioned why some provincial authorities could effortlessly follow the directives why others still have corruption.

He praised the Ministry of Industry and Trade, Ministry of Agriculture and Rural Development and Ministry of Construction for cutting of half or a third of their power. He also warned about the scenario where new cumbersome procedures were created to replace old ones.

In March,2014, the government issued Resolution 19 about improving the business environment and national competitiveness. As of now, four resolutions have been issued about the problem where firms are being hindered by cumbersome procedures and unnecessary paper works.

Last year, Vietnam was ranked 60th out of 138 countries in the Global Competitiveness Index by World Economic Forum, jumped five places on the previous year. It also moved up 14 places to rank 68th among 190 countries in the 15th edition of the World Bank’s Doing Business 2018.

vietnamnet, dtinews